The Boards of Trustees of PIMCO Corporate & Income Strategy Fund
(NYSE:PCN), PIMCO Corporate & Income Opportunity Fund (NYSE:PTY), PIMCO
Global StocksPLUS® & Income Fund (NYSE:PGP), PIMCO High Income Fund
(NYSE:PHK), PIMCO Income Opportunity Fund (NYSE:PKO), PIMCO Strategic
Income Fund, Inc. (NYSE:RCS), PCM Fund, Inc. (NYSE:PCM), PIMCO Income
Strategy Fund (NYSE:PFL), PIMCO Income Strategy Fund II (NYSE:PFN) PIMCO
Dynamic Income Fund (NYSE:PDI) and PIMCO Dynamic Credit Income Fund
(NYSE:PCI) (collectively, the “Funds”) announced today that they have
declared the following dividends on the Funds’ common shares:
The dividends will be payable on July 1, 2014 to shareholders of record
on June 12, 2014, with an ex-dividend date of June 10, 2014.
The Funds are closed-end management investment companies. The primary
objective of PCN is to seek high current income with secondary
objectives of capital preservation and appreciation. The investment
objective of PTY is to seek maximum total return through a combination
of current income and capital appreciation. The primary objective of PGP
is to provide total return through a combination of current income,
current gains and long-term capital appreciation. PHK’s primary
objective is to seek high current income with capital appreciation as a
secondary objective. PKO’s investment objective is to seek current
income as a primary focus and also capital appreciation. RCS’s primary
objective is to seek to generate a high level of income that is higher
than that generated by high-quality intermediate-term U.S. debt
securities and capital appreciation as a secondary objective. PCM’s
primary investment objective is to achieve high current income, capital
gain from the disposition of investments is a secondary objective of the
Fund. PFL and PFN’s investment objective is to seek high current income,
consistent with the preservation of capital. PDI and PCI’s investment
objective is to seek current income as a primary objective and capital
appreciation as a secondary objective. There can be no assurance that
the Funds will meet their stated objectives.
Allianz Global Investors Fund Management LLC (“AGIFM”), an indirect,
wholly-owned subsidiary of Allianz Asset Management of America, L.P.,
serves as the Funds’ investment manager and is a member of Munich-based
Allianz Group. Pacific Investment Management Company LLC, an AGIFM
affiliate, serves as the Funds’ sub-adviser.
The Funds’ daily New York Stock Exchange closing market prices, net
asset values per share, as well as other information, including updated
portfolio statistics and performance are available at us.allianzgi.com/closedendfunds
or by calling the Funds’ shareholder servicing agent at (800)
254-5197.
Statements made in this release that look forward in time involve risks
and uncertainties and are forward looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such risks and
uncertainties include, without limitation, the adverse effect from a
decline in the securities markets or a decline in the Funds'
performance, a general downturn in the economy, competition from other
companies, changes in government policy or regulation, inability to
attract or retain key employees, inability to implement its operating
strategy and/or acquisition strategy, and unforeseen costs and other
effects related to legal proceedings or investigations of governmental
and self-regulatory organizations. The Funds’ ability to pay dividends
to common shareholders is subject to the restrictions in their
registration statement, by-laws and other governing documents, as well
as the Investment Act of 1940.
Copyright Business Wire 2014